OK $164 and the 200 Day MA did not hold on the retest, so where is the next support level?
We can see that the price is testing the yellow trend line, which it broke out of on the 26th of Sept, so this is a potential support level, failing to hold here and we have the 50 Day MA in between the 0.5 - 0.618 Fib levels
There is no changes to the impulse count, regardless of this pull back, all Wave 3's have 5 waves in them
$NVDA is retesting its own breakout level and so is $AMD
Nick E
2024-10-15 21:38:41 +0000 UTC